187 Milford Ave 3, Newark City, NJ 07108
Essex County
Key Facts
Description
Welcome to 187 Milford Ave, located in the heart of Newark, New Jersey's 07108 neighborhood an area offering strong rental demand and convenient urban living. This property presents an excellent opportunity for both homeowners and investors looking to add value in a rapidly developing market.Ideally situated near major commuter routes and public transportation, including quick access to Newark Penn Station, residents enjoy an easy commute to New York City and surrounding employment hubs. Nearby highways, including I-78 and the Garden State Parkway, further enhance regional connectivity.The property is close to local schools, neighborhood parks, shopping centers, dining options, and Newark's growing downtown amenities. Whether you're looking to renovate, invest, or occupy, this location offers strong long-term upside potential.A solid opportunity in a well-connected area bring your vision and unlock the possibilities this Newark property has to offer.
Property Information
Property Type
Residential Lease
Sub-Type
Multi Family
Year Built
1912
Living Area
623 sq ft
MLS® Listing#
4021930
Property Features
Parking
Sewer
Water Source
Financial Details
Parcel Number
1614-02699-0000-00018-0000-
Directions
W Runyon St & W Bigelow St
Affordability Calculator
$450
Estimated monthly payment
$12/mo
Principal $1,800 · Est. interest $2,511 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $613,268
- Median Listing Price
- 49
- Median Days on Market
- 1,371
- Median Sq Ft
- $420
- Median Price / Sq Ft
- 3,223
- Active Listings
- This home’s price is 100% below the area median.
- Its price per sq ft is 99% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Malcolm X Shabazz High School
Secondary · 0.2 mi away
Belmont Runyon Elementary School
Elementary · 0.4 mi away
Miller Street Elementary School
Elementary · 0.5 mi away
Peshine Avenue School
Elementary · 0.6 mi away
Kipp Team Academy
School · 0.6 mi away
Louise A. Spencer Elementary School
Elementary · 0.7 mi away
Henrietta King Headstart
School · 0.7 mi away
Harold Wilson School
School · 0.8 mi away
Alif Muhammad's Nia School
School · 0.8 mi away
Avon Avenue School
Elementary · 0.8 mi away
North Star Academy Clinton Hill Middle School
Elementary · 0.8 mi away
Link Community Charter School
Secondary · 0.9 mi away
Kipp Thrive Academy
School · 0.9 mi away
Kipp Bold Academy
School · 0.9 mi away
Central High School
Secondary · 0.9 mi away
University High School
Secondary School · 1.0 mi away
Samuel L Berliner School
School · 1.0 mi away
American History High School
Secondary · 1.0 mi away
Great Oaks Legacy Charter High School
Secondary · 1.1 mi away
Hawthorne Avenue School
Elementary · 1.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 31-33 TILLINGHAST ST 6, Newark, NJ | $1,598/mo | 1 | 1 | — |
| 207 Oriental, Atlantic City, NJ | $1,599/mo | 2 | — | — |
| 202 N SACRAMENTO AVENUE UNIT A, VENTNOR CITY, NJ | $1,600/mo | 5 | 2 | 960 |
| 919 Atlantic, Atlantic City, NJ | $1,600/mo | 1 | — | — |
| 656 N 7Th St L-2, Newark City, NJ | $1,600/mo | 1 | 1 | — |
| 90 HARMON ST 4, Jersey City, NJ | $1,600/mo | 1 | 1 | 677 |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: COMPASS NEW JERSEY LLC - 5512123870